Home buyer / Litigation
One of the main causes of litigation against the builders in RERA is the delay in giving possession to the buyers. In that case, the buyers have only one way out i.e. taking appropriate legal recourse against the builder. Now that there is a separate authority for regulation of the Real Estate sector, the buyers have been rushing to RERA seeking justice. The scenario is changing with the implementation of the Real Estate Act, RERA has been of immense help to home buyers all across the country.
Major reasons from buyers perspective that we come across which leads to litigation on builders are , delay in delivery of project, no delivery at all, delivery not as promised , diverting funds , non disclosure of carpet area , hiding identity of co-promoter. With the help of Rera it has now become easier for the buyers to file a complaint against the developer and get justice. Rera authority has served as a quick platform to get redressed for their grievance.